NewEdge Advisors LLC Raises Stock Position in Vanguard Energy ETF $VDE

NewEdge Advisors LLC grew its holdings in Vanguard Energy ETF (NYSEARCA:VDE) by 209.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,931 shares of the company’s stock after acquiring an additional 46,680 shares during the period. NewEdge Advisors LLC owned about 0.11% of Vanguard Energy ETF worth $11,928,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. SouthState Bank Corp purchased a new stake in shares of Vanguard Energy ETF during the fourth quarter worth about $27,000. Strive Financial Group LLC purchased a new position in Vanguard Energy ETF in the 4th quarter worth approximately $31,000. Godfrey Financial Associates Inc. bought a new position in Vanguard Energy ETF in the 4th quarter worth approximately $33,000. Matrix Private Capital Group LLC bought a new position in Vanguard Energy ETF in the 1st quarter worth approximately $33,000. Finally, Franklin Resources Inc. grew its holdings in Vanguard Energy ETF by 3,055.6% during the 4th quarter. Franklin Resources Inc. now owns 284 shares of the company’s stock valued at $36,000 after buying an additional 275 shares in the last quarter.

Vanguard Energy ETF Price Performance

Vanguard Energy ETF stock opened at $162.37 on Friday. The stock has a market cap of $9.74 billion, a P/E ratio of 14.10 and a beta of 0.43. Vanguard Energy ETF has a 1 year low of $118.17 and a 1 year high of $179.34. The firm’s 50 day moving average price is $159.46 and its 200-day moving average price is $159.22.

Vanguard Energy ETF Profile

Vanguard Energy ETF (the Fund) is an exchange-traded share class of Vanguard Energy Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Energy Index (the Index), an index of stocks of large, medium and small United States companies in the energy sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining, and/or transportation of oil and gas products.